Setup for cashback bonus

txtinman 1200clc at clearwire.net
Mon Jun 9 19:36:39 EDT 2008




Jason Ahrens wrote:
> 
>  
> Do you get any kind of tax implications on the cash back? Do you have to 
> report cash-back as income? If so, then income is really the place it 
> should be. Otherwise I'm sure there's a plethora of ways to deal with it.
> 
> 

It's not really income, it's a refund. There are no tax implications. I
tried to show it as a payment to a liability, but Gnucash would create a
charge that would negate the payment.
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